Morgan Stanley: If SpaceX Stock Price Drops to $100, It Means Its AI Business Valuation Goes to Zero
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Morgan Stanley: If SpaceX Stock Price Drops to $100, It Means Its AI Business Valuation Goes to Zero
Morgan Stanley analysts stated that if SpaceX's stock price falls to $100 per share, it implies the market's valuation of its AI business has dropped to zero. SpaceX launched an IPO valued at $86 billion in mid-June, and this week it fell to a low of $110.85, down 18% from the offering price. Analysts assigned a target price of $300 per share to the stock, with more than half derived from the AI business valuation. Previously, SpaceX entered the AI infrastructure sector leveraging its Starlink satellite network, providing low-latency data transmission services for large model training.
Navigating Web3 tides with focused insightsTechFlow news, July 25, Morgan Stanley analysts stated that if SpaceX's stock price falls to $100 per share, it implies the market valuation of its AI business has dropped to zero. SpaceX IPOed in mid-June at a $86 billion valuation, hitting a low of $110.85 this week, down 18% from the issue price. Analysts assigned a target price of $300 per share to the stock, with more than half derived from AI business valuation. Previously, SpaceX entered the AI infrastructure sector leveraging the Starlink satellite network, providing low-latency data transmission services for large model training.
